Heat oven to 400F. Mix 1/2 cup sugar, cornstarch and nutmeg in a 2 qt. saucepan. Stir in peaches and lemon juice. Cook over medium heat until mixture thickens and boils. Boil and stir 1 minute.
Pour into ungreased 2 quart casserole dish. Stir together the flour, baking powder, 1 T sugar and salt. Add the shortening and cut through with a fork until flour clings to shortening. Add milk. Form into a ball. Drop mixture by 6-8 teaspoonfuls onto hot fruit.
Bake for 25-30 minutes, or until topping is golden brown. Serve with whipped cream or vanilla ice cream.
NOTE: You may substitute any fruit for the peaches, just being care- ful that the amounts are approximately the same.